Softbank Corporation

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Last updated: 1 Oct 2005 Update History

Report Status: Archived

Report Pages: 13

Analyst: Peter Evans

Synopsis

Listed on the Tokyo Stock Exchange, Softbank Corporation has become the company to watch in the Japanese telecoms market. The growth of ADSL broadband in Japan is largely credited to Softbank’s Yahoo! BB service. However, Softbank is struggling to recover from the bursting of the dot-com bubble, posting recent net year losses. The company is led by Japanese Internet tycoon, Masayoshi Son, who plans to turn his flagship company into a comprehensive communications carrier. Softbank acquired the fixed-line operation of Japan Telecom in July 2004 and Cable & Wireless IDC in October 2004; the two acquired companies were merged in early 2005 under the name Japan Telecom IDC.

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